“…Essential cross-border workers like healthcare professionals, airline crews and truck drivers are still permitted to cross. Truck drivers are critical as they move food and medical goods in both directions. Much of Canada’s food supply comes from or via the U.S.”
“…Minorities and women are underrepresented on Fortune 500 boards. Almost 70% of directors Fortune 500 companies are held by white men, according to a study from the Alliance for Board Diversity.They’re also underrepresented in the greater tech community. Facebook’s latest diversity report from August barely moved the needle: It increased its Hispanic and Black workforce by 1% each to 5% and 3%, respectively…”
https://money.cnn.com/2018/05/31/technology/facebook-board-diversity/index.html
“Miami native Cesar Conde has been named chief of the newly-formed NBCUniversal News Group, part of a corporate reorganization at NBCUniversal announced Monday.Conde had been chairman of Telemundo and the company’s international business.
Conde will now lead an expanded news division that combines all TV and streaming operations, according to reports published by the Los Angeles Times and the Wall Street Journal.
https://www.miamiherald.com/news/business/article242496056.html
“..Latino and Asian majority neighborhoods in Los Angeles County are especially economically vulnerable to disruptions caused by COVID-19, a UCLA study found.The study, which was published April 1 by the UCLA Latino Policy and Politics Initiative and the UCLA Center for Neighborhood Knowledge, sought to locate neighborhoods in LA County that are particularly vulnerable to the coronavirus because of their large number of at-risk workers.The researchers identified two sectors of the service workforce – hospitality and retail – that are especially at risk for coronavirus-induced layoffs…”
‘MBA Programs With Diverse ClassroomsAt more than 100 MBA programs, the percentage of African-American, Latino, American Indian and Pacific Islanders is less than 10 percent. A few schools, however, have a much stronger representation for these and other groups. Here are the 10 schools with the highest percentage of full-time students who are underrepresented minorities…”
“As the Latino community grapples with the brunt of the COVID-19 pandemic, including a higher rate of fatalities compared to other populations, the nation’s first in-depth poll of the Latino population in America for 2020 has found that 35% of Latino households have already experienced a job loss, while more than 65% of respondents reported having difficulty buying or finding necessities such as food, household supplies or medicine.
[Poll results here | Slide deck here]
The poll was conducted by Latino Decisions in partnership with SOMOS, the country’s largest physician-led health delivery network. Of SOMOS’s nearly 3,000 physicians and 800,000 patients, nearly all are immigrants or first-generation Americans, and over two-thirds are Latino…”
“The Mexican oil hedge, or the Hacienda Hedge, is considered the biggest hedging bet on Wall Street as well as perhaps the most secretive. It has earned Mexico—and a few large investment banks—billions of U.S. dollars. Mexico buys put options from investment banks and typically hedges a whopping 200-300 million barrels of oil a year. With the put options, it has the right, but not the obligation, to sell oil at a previously set price and timing. But will this tradition continue under the newly elected administration?Throughout his campaign, Mexico’s now president-elect Andres Manuel Lopez Obrador kept the oil industry on edge with comments and promises that he would review the landmark 2013 energy reform of outgoing President Enrique Peña Nieto that ended seven decades of oil monopoly in the country…”
“Hispanics are more likely than Americans overall to say they or someone in their household has experienced a pay cut or lost their job because of the coronavirus outbreak, according to a Pew Research Center survey conducted March 19-24…”
“People at an economic disadvantage are “already not doing so great in a good day, let alone in a rainy day,’’ he said.Jose Ricardo is already bracing to dip into his savings to pay next month’s bills for his mobile home in Chula Vista, California. Ricardo, a waiter at a Japanese restaurant in San Diego, is working only 16 hours a week, down from the usual 32 hours two weeks ago.“I’m really nervous,’’ said Ricardo, 61. “We are used to working hard.”With new restrictions on restaurants to serve takeout only, Richardo no longer has the extra income from tips. He makes $12 an hour.“People pay tips because they get a service. We’re taking care of them,’’ he said. “Now, with takeout, they pick it up and bye-bye.”
Ricardo, who lives with his wife, mother-in-law and two children, said he’s anxiously waiting to see how lawmakers will help him and other workers.
He’s holding out hope. “We will recover for sure,” he said…”
:..Maria J. Martinez is president/CEO of Border FCU, Del Rio, Texas. She’s a founding member of the Network of Latino Credit Unions and Professionals, the 2012 Del Rio Hispanic Chamber of Commerce Business Woman of the Year, a 2015 Woman of Distinction of the Texas Association of Mexican American Chambers of Commerce, Cornerstone Credit Union League’s 2016 Professional of the Year, and a 2017 Herb Wegner Memorial Award for Outstanding Individual Achievement winner. She has been in the credit union industry for almost 32 years…”
https://news.cuna.org/articles/117431-everyone-benefits-from-an-inclusive-work-culture
“LEADERSHIP
Women’s Representation in Senior Roles Has Improved for Three Years in a Row
Women held 34% of senior positions in 2018.8
75% of companies had at least one woman in senior management.
However, Few Women Hold Board Seats
Women held only 5.7% positions on major corporate boards in 2015, below the 14.7% global average.
Women Have Made Significant Strides in Politics
Women will constitute 49% of the lower house and 51% of the senate when the congress is seated in December 2018.
Mexico will be ranked fourth globally for representation of women in legislature.
Women will make up 50% of most state legislatures….”
Link to article
“Mario Rodriguez, an aviation expert with over 29 years of experience in the private and public sectors, was appointed as the executive director of the Indianapolis Airport Authority in 2014. Prior to the Authority, Rodriguez successfully transformed the Long Beach Airport into an award-winning organization with world-class facilities and exceptional financial performance. Rodriguez also served as president of the California Airports Council, and he sits on the board of Airports Council International (ACI). In the past he served at airports..”
Link to article
“.Mrs. Fernandez will work alongside the firm’s executive and research teams to analyze current market trends and support asset allocation decisions across both equity and fixed income portfolios based on Crossmark’s investment outlook. Mrs. Fernandez joined the firm in 2012 as Managing Director and Head of Fixed Income. In her new role, she will maintain responsibility for managing the fixed income investment team.
“Victoria’s expertise in market analysis and her quantitative-research capabilities have proven to be an invaluable addition to our investment process,” said Crossmark’s President and Chief Executive Officer Michael L. Kern, III, CFA. “At Crossmark, we are dedicated to delivering the best investment strategies to our clients throughout changing market environments. I am confident that with Victoria’s leadership as Chief Market Strategist…”
Link to article
“With house passage of trade deal, experts are hopeful the USMCA will become a reality in 2020.
Trade experts say supply chain professionals have much to cheer about now that the United States-Mexico-Canada Agreement (USMCA) is closer to becoming a reality. The biggest deal? The agreement’s efforts to address customs administration and trade facilitation, which experts say will go a long way toward streamlining cross-border shipments.
“From beginning to end, it’s the…”
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“The rules for professional work visas will remain unchanged under Canada’s new free trade deal with the United States and Mexico.
The three countries approved updates to the agreement’s original text on Tuesday, December 10, paving the way for its ratification.
Under the new agreement, the chapter that deals with temporary entry for business persons and professionals, Chapter 16, remains essentially unchanged from the original North American Free Trade Agreement, or NAFTA.
Chapter 16 allows employers in Canada, the United States and Mexico to access professional labour from all three countries…”
Link to article
“Leslie Ortiz had just graduated when a recruiter arrived at her Mexico City university looking for veterinarians to work on an Idaho dairy farm.
It appeared to be an opportunity to gain experience, learn English, pay down credit card debt from her time as a student and even start to save.
The offer came with a visa — one issued through a special program for professionals from Mexico and Canada who are needed for high-skilled jobs in the U.S.
When Ortiz, then 26, learned she got the job — an animal scientist at Funk Dairy — she was thrilled. To pay for her flight to Idaho, she borrowed $150 from family and pawned her jewelry, including a gold chainlet with the image of the Virgin of Guadalupe she received on her 15th birthday…”
Link to article
“The stars aligned when Mariella Solano first got the idea of owning an astrology-themed jewelry business.
The second-year political science student launched her jewelry business, Soluna Jewelry Co., on Instagram last month to help pay for her college expenses and has already garnered over 100 sales. Although Solano loves jewelry, she said she mainly sees her business as a way to help her family.
“My parents are both undocumented. It’s hard for them to get jobs,” Solano said. “That leads into why I tried to become self-reliant, so they don’t have to worry about providing for me too.” ‘
blank”>Link to article
“…PHOENIX, Ariz. (Border Report) — When Americans order a product online, they take it for granted it’ll get to them on time. But when Mexican residents order merchandise from a U.S. company, they traditionally face week-long waits for Mexican customs to clear the package.
That is about to change as an Arizona airport becomes the first in the United States to pre-clear items shipped to anywhere in Mexico. Under the SkyBridge Arizona project, Mexican customs inspectors will be based at Phoenix-Mesa Gateway Airport and approve items for immediate delivery to any Mexican city, Arizona officials say.
The implications of the program go well beyond young Mexican professionals being able to receive electronic gadgets before their popularity fades, airport officials …”
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”
The number of Hispanics and Latinos employed set a record high in August as their national, seasonally-adjusted unemployment rate matched its record low of 4.2%, U.S. Bureau of Labor Statistics (BLS) data released Friday show.
In August, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.2%, down from 4.5% in July, returning to the record low of 4.2% in April and May – which broke the record low of 4.3% set two months earlier in February. BLS began tracking Hispanic-Latino employment data in 1973.
285,000 more Hispanics had jobs in August, as the 27,866,000 employed broke the record for Hispanic employment of 27,701,000 set in December 2018. The number of Hispanics participating in the workplace rose in August, as did Hispanics’ labor force participation rate, which increased from 66.4% to 66.7%.
The number of unemployed Hispanics fell by 98,000 to 1,216,000, down from 1,314,000 in July…”
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“…Andres Garcia-Amaya founded Zoe Financial with the goal of improving people’s relationships with their personal finances.
His childhood was spent on a farm in Colombia before his parents moved their family to New York when he was a young teenager. Andres later graduated from Villanova University where he met his wife. After completing his undergrad and a stint as an institutional trader at Morgan Stanley, he went on to study at the University of Pennsylvania’s Wharton School of Business, where he received his MBA on an academic achievement scholarship…”
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